REPORT: VC FUNDING IN THE US REACHED A RECORD HIGH OF $130B IN 2020, UP 14% YOY, BUT THE TOTAL NUMBER OF DEALS FELL TO 6,022, DOWN FOR THE SECOND YEAR IN A ROW (LIZETTE CHAPMAN/BLOOMBERG)

Report: VC funding in the US reached a record high of $130B in 2020, up 14% YoY, but the total number of deals fell to 6,022, down for the second year in a row — What began as a desperate year for startups, characterized by mass layoffs as the pandemic took hold, has turned into a record venture capital funding haul.

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